6655 Old Canton Rd Ridgeland, MS 39157-1320
This exceptional 7.9-acre commercial land parcel, located at 6655 Old Canton Rd in Ridgeland, Mississippi, presents a compelling investment opportunity. Priced at $590,000, this property boasts a prime location within a designated Opportunity Zone, offering significant tax advantages. The land features two convenient access points, ensuring excellent accessibility and visibility for potential businesses. High traffic counts along Old Canton Road guarantee substantial exposure. The site previously housed a floral facility, with several usable sheds and a retail building remaining. These existing structures offer potential for repurposing or incorporation into a new development. The expansive frontage provides ample space for various commercial ventures. With careful planning, the property could be easily divided to accommodate multiple businesses, such as a retail operation and a separate commercial facility. The possibilities are numerous, making this a truly unique opportunity in a thriving area of Ridgeland, surrounded by growth and development. The land is zoned for commercial use and offers a land value of $2 per square foot. This is a rare chance to acquire a significant commercial property in a sought-after location within Madison County, zip code 39157.
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Greenbrook Flowers (Bike/Boat/Book/etc) Store Florist
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.